The Treasury's response to The Lisbon Strategy for Jobs and Growth
In March 2005 the European Council agreed to re-launch the Lisbon agenda to focus it more sharply on the key priorities of jobs and growth. Subsequently, the Integrated Guidelines package, endorsed by the European Council in June 2005, identified the key challenges facing the EU as a whole. Member States were then invited to identify their own reform priorities and present forward-looking reform plans to the European Commission by 15th October 2005.
The UK’s first National Reform Programme was published on 13th October 2005. It sets out the challenges currently facing the UK economy, and details the Government’s forward looking agenda of economic reforms to ensure macroeconomic stability, to deliver higher productivity growth and to increase employment opportunity for all.